CASINO WORLD NEWS Macao detains Suncity boss on China gambling charge 1 year ago Szarlot Post Views: 686 Macao police on Saturday detained the head of Macao’s biggest casino junket organizer and others after Chinese authorities issued an arrest warrant for them over accusations that they ran an illegal cross-border gambling syndicate. The arrests in the gambling enclave came after prosecutors in Wenzhou, in the eastern province of Zhejiang, on Friday accused Suncity Group CEO Alvin Chau and another person, Zhang Ningning, of leading cross-border gambling operations and setting up casinos across China. Casinos and most forms of gambling are illegal in mainland China, and semi-autonomous Macao is the only Chinese city allowed to operate a casino. Mainland visitors are able to travel to Macao to gamble but are required to obtain a visa. “Based on evidence obtained from previous criminal investigations, the (Macao) police brought the criminal suspect Chau and other persons involved back to the police station for investigation in accordance with the law this morning,” – Macao’s government said in a statement on Saturday. Authorities said they had been investigating the case since July last year. They said that the gambling syndicate has 199 shareholder representatives, over 12,000 agents that promoted its gambling operations and more than 80,000 gamblers in its network. The syndicate also set up asset management firms to assist gamblers with cross-border fund transfers and to recover debts they owed, authorities said, In 2019, China’s official Xinhua news agency accused Suncity of targeting mainland gamblers with online gambling and proxy-betting operations based in Cambodia and the Philippines. Suncity denied the allegations. Authorities said the syndicate “severely damaged the social order of the country” and on Friday urged Chau to turn himself in in exchange for a more lenient punishment. Hong Kong-listed Suncity Group could not be reached for comment by phone and did not immediately reply to email inquiries. Source: yournewsnet.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Alvin Chau, arrested, China, Suncity Continue Reading Previous BtoBet to provide FanDuel with new Player Account Management PlatformNext Most Extreme Casino games More Stories CASINO KENYA Illicit brew, counterfeit goods retrieved in a nationwide police crackdown 5 hours ago Samuel ONLINE WORLD NEWS BtoBet showcases full retail solution at ICE London 5 hours ago Iwo Bulski BETTING WORLD NEWS Bookmaker 1xBet denies problems with license and connection with Russia 3 days ago Samuel CASINO SOUTH AFRICA Wild Coast Sun recognised as best luxury beach resort in South Africa 4 days ago Samuel ONLINE WORLD NEWS TVBET enhances its iGaming footprint through St8 partnership 4 days ago Iwo Bulski CASINO WORLD NEWS Black Edition is back for Novomatic 5 days ago Iwo Bulski ONLINE WORLD NEWS Playtech to deliver €400m EBITDA for 2022 6 days ago Iwo Bulski ONLINE WORLD NEWS Technamin appoints Hmayak Manukyan 6 days ago Samuel EXPERTS WORLD NEWS What Will Be The Future of Sports Betting Around The World? 1 week ago Szarlot BETTING WORLD NEWS 1xBet Statement: Curaçao License is Valid and Fully Operational 1 week ago Iwo Bulski GAMES WORLD NEWS Wazdan combines classic and modern styles in Hot Slot™: 777 Stars 2 weeks ago Iwo Bulski ONLINE WORLD NEWS Pragmatic Play broadens Czech presence 2 weeks ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.